Donald Trump won the battleground state of North Carolina on Tuesday, fending off a challenge from Kamala Harris, who was looking to flip the state and expand her pathways to 270 electoral votes. The former President also won the swing State of Georgia, returning its 16 electoral votes to the Republican column.
us election results
Markets Weekly: Nasdaq 100, Gold, US Dollar, Crude Oil, All Eyes on Election
On average, the Dow Jones, S&P 500 and Nasdaq 100 suffered their worst week in over 7 months ahead of the US Presidential Election. This is as the VIX ‘fear gauge’ spiked the most since June over the same period. Rising volatility and a premium for safety propelled the anti-risk US Dollar and Japanese Yen. Anti-fiat gold prices suffered.